UK ILS regime changes a priority for competitiveness & growth: PRA CEO Woods
With the consultation on reforms to the UK’s insurance special purpose vehicle (ISPV) regulatory regime underway, Sam Woods, the CEO of the Prudential Regulation Authority (PRA) has highlighted this as a priority for driving competitiveness and growth. As we reported back in November, the consultation on reforms for the insurance special purpose vehicle (ISPV) regulatory regime, […]
Catastrophe bond prices move again on LA wildfires, ~$200m write-down so far
On Friday some catastrophe bonds saw further negative secondary market price movements due to potential exposure to aggregate attachment erosion, or actual losses, from the Los Angeles and Southern California wildfires. Here we detail the latest information we have on names that experienced the most meaningful moves in the last week. As we’ve been reporting, official […]
Generali and BPCE to establish €1.9trn asset management joint venture
Generali and BPCE have signed a non-binding Memorandum of Understanding (MoU) to create a joint venture between their respective asset management operations. With over €1.9 trillion of assets under management (AUM), the combined business would reportedly create a global asset management platform with leading positions and critical scale in both Europe and North America. According […]
